Embracing Cloud Momentum
The move to cloud solutions is gaining momentum as organizations look to transform their on-premises enterprise applications. The shift to cloud-first and digital-first mindsets has become a priority for 86% of digital finance leaders, as revealed by Agile Finance Unleashed: The Key Traits of Digital Finance Leaders. Cloud adoption offers the potential to change the cost structure of applications portfolios, reduce technological obsolescence, and deliver growth, innovation, operational agility, resiliency, and efficiency.
Oracle’s Role in Cloud Adoption
Oracle has been at the forefront of providing cloud solutions designed to meet the demands of modern digital businesses. Whether organizations choose to migrate a single process or their entire suite of financial applications to the cloud, Oracle offers a high-level guide for on-premises-to-cloud journeys. This sequential summary of recommended steps is based on actual cloud projects and advice from leading partners, providing valuable insights on executing the transition effectively.
Key Steps for Successful Modernization
As organizations navigate their digital modernization projects to adopt Oracle solutions, it’s essential to follow a structured approach to ensure a smooth transition and successful adoption of cloud applications. The following key steps serve as a guide for organizations embarking on this transformation journey:
Step 1: Engage with Oracle SaaS Support Services
Establishing a connection with the Oracle SaaS Support Services team is essential to leverage their expertise and resources. This engagement provides a valuable resource dedicated to the success of the organization’s cloud endeavors.
Step 2: Ongoing Training and Education
Ongoing training plays a pivotal role in maximizing system productivity and applications knowledge. Organizations should establish training programs for new hires, refresher sessions, and deep-dive learning by utilizing platforms such as Oracle LaunchPad, which offers thousands of online courses for continuous learning and skill enhancement.
Step 3: Community Engagement and Networking
Joining the Oracle Cloud Community allows organizations to actively participate in global conversations around Oracle Cloud Applications and learn from other users across products, industries, and locations. This engagement provides a platform for organizations to share their experiences, gain insights, and actively contribute to the community.
Step 4: Becoming a Cloud Reference
Organizations that have successfully transitioned to the cloud with Oracle solutions can serve as valuable references for others considering a similar migration. Being a cloud reference not only supports networking and visibility but also contributes to knowledge sharing and best practices within the industry.
Step 5: Planning the Next Cloud Project
After the successful implementation of a cloud project, there is often a keen interest in pursuing new initiatives and expanding the cloud footprint further. Organizations should leverage their experience to plan and prepare for the next cloud project, building on the insights gained from previous transitions.
The Road to Production
As organizations progress through their digital modernization projects, the countdown to a production cloud system begins. With business approvals in place, it becomes crucial to ensure system readiness and address final items before transitioning to a production environment. Oracle Customer Success Managers (CSMs) play a vital role in guiding organizations through the process, assisting with implementation, go-live, consumption, and end-user adoption of Oracle Cloud Applications.
In conclusion, navigating digital modernization projects to adopt Oracle solutions requires a strategic approach encompassing engagement with support services, continuous training, community involvement, and meticulous planning for future initiatives. By following these steps, organizations can effectively transition to Oracle solutions and unlock the full potential of cloud technology, driving innovation and growth in the digital age.
